Earnings Summary

United Fire Group Inc’s revenue jumped 21.66% since last year same period to $267.09Mn in the Q2 2023. On a quarterly growth basis, United Fire Group Inc has generated -0.01% fall in its revenue since last 3-months.

United Fire Group Inc’s net profit fell -439.18% since last year same period to $-56.38Mn in the Q2 2023. On a quarterly growth basis, United Fire Group Inc has generated -8224.21% fall in its net profits since last 3-months.

United Fire Group Inc’s net profit margin fell -343.18% since last year same period to -21.11% in the Q2 2023. On a quarterly growth basis, United Fire Group Inc has generated -8224.66% fall in its net profit margins since last 3-months.

United Fire Group Inc’s earning per share (EPS) estimates for the current quarter stand at 0.53 - a 215.22% jump from last quarter’s estimates.

United Fire Group Inc’s earning per share (EPS) estimates for the current year stand at 0.53.

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. United Fire Group Inc’s return on assets (ROA) stands at -0.02.

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. United Fire Group Inc’s return on equity (ROE) stands at -0.08.

United Fire Group Inc declared 0.16 dividend per share during the earnings announcement for Q1 2023.